By preliminary data, 1 cu m of gas will cost the population of Armenia 156 AMD versus current 132 AMD, Head of the Tariff Department at the Public Services Regulatory Committee Garegin Baghramyan told media on May 23. He said that the Committee held discussions and calculated this tariff taken into account the state subsidies and other factors.
Following the rise of the Russian gas tariff for Armenia from the current $180 per 1,000 cu m to $270, ArmRusgasprom applied to the Public Services Regulatory Commission for increasing the gas tariff for the population by 67.4% - from the current 132,000 drams to 221,000 drams per 1000 cu m, and for the large consumers by 61.3% - from $243 per 1000 cu m to $392. The Government of Armenia is going to subsidize the Russian gas import price by 30%. However, the method of subsidizing will become clear after the negotiations with Russia, which is ready to export gas to Armenia for $180 per 1,000 cu m till the end of the negotiations.